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indiamarketoutlook
May 7, 2020 6:47 AM

Nifty probable expiry range  Short

Nifty 50 IndexNSE

Description

Nifty
CMP 9210

Prima facie
Nifty expiry looks likely to be capped on the upside with key levels of 9240 / 9266 / 9285 to act as resistance.

On the lower side 9156 could likely be key support levels for the day.

My trading play is more inclined towards upside being capped with 9240-9265 levels being my guiding levels

This is just a view based on my analysis and not a necessity it will happen

Take care & trade accordingly.

Comment

As was suggested not much fireworks expected for today, with 9240/ 9266 the upper range & 9156 on the lower side

Comment

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